Key data from the pricing sessions in Asia and Europe for the week ended Friday July 12.
ChinaKey drivers The price action of antimony MMTA standard-grade II, ddp China, stalled last week after many domestic suppliers refused to lower offer prices due to limited available stocks at plants. Some domestic antimony suppliers in Hunan province in central China were heard to have suspended their production due to suffering severe losses. Several antimony consumers entered the market for replenishment but their restocking volumes remained conservative because they maintain that the price will dip further in the coming weeks. A number of market sources expect the domestic antimony price to gain some support from the...